Peak XV’s Piyush Gupta leaves firm to start own secondary-focused VC fund
Piyush Gupta, one of the operating leaders at Peak XV Partners, is leaving the firm at the end of this month to start his own fund, four people familiar with …
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Byju’s founder floats share offer to make peace with estranged investors
Byju Raveendran, the founder of embattled edtech group Byju’s, has made a last-ditch attempt to placate disgruntled investors. He has just informed them that the board is weighing an offer …
Byju’s founder, ousted by shareholders, says rumors of his firing ‘greatly exaggerated’
Byju Raveendran, the founder of eponymous edtech group Byju’s, told employees on Saturday that he continues to remain the chief executive of the startup and that rumors of his firing …
Peak XV takes startups on a Silicon Valley trip in AI push
Peak XV, the venture capital firm that split from Sequoia Capital last year, is taking its portfolio companies from India, Southeast Asia and Australia on an “immersion” trip to Silicon …
SentinelOne acquires Peak XV-backed PingSafe for over $100 million
SentinelOne’s deal to acquire PingSafe valued the Peak XV-backed young startup at over $100 million, two sources familiar with the matter told TechCrunch, in one of the strongest and fastest …
India widens regulatory grip over tech firms
In 2023, India introduced a series of regulations and tweaked policies that borrowed from Europe’s antitrust approach and Chinese-style government surveillance, alarming executives and investors in the world’s most populous …
In Mamaearth, Peak XV finds its fourth 10x return since Sequoia separation
In the oversubscribed IPO of Mamaearth, Peak XV Partners has found its fourth 10x or greater return within the six months since separating from the Sequoia family. The venture fund …
Peak XV’s latest Surge batch is 77% AI and deeptech startups
AI and other deep technologies are the prevailing themes in the new early-stage cohort from Peak XV Partners, as the largest India and Southeast Asia-focused VC fund intensifies its search …
Founder exits, user slump, and competition: inside the playbook of India’s largest Web3 firm Polygon
Sandeep Nailwal, Co-founder, Polygon Synopsis Polygon has seen senior executives including the two co-founders leave the firm in the last one year. Apart from leadership churn, concerns were raised about …